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DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

Green Car Congress

The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). Note: Retail price includes Federal and State Taxes.

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Electric Vehicle Battery Pack Costs In 2022 Are Nearly 90% Lower Than in 2008

CleanTechnica EVs

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year. The […].

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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply. for a 10-day lag.

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EIA: Strong demand for diesel leads to high prices and tight inventories going into winter

Green Car Congress

Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States, according to the US Energy Information Administration (EIA). In October 2022, the United States had 25 days of supply of distillate, the fewest since 2008, the EIA said.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. But the price of these batteries had been a major roadblock to electric vehicle adoption. But that doesn’t mean prices are set in stone.

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EIA: high prices for natural gas this winter as global consumption remains high and inventories low

Green Car Congress

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008.

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Stellantis won’t follow Tesla’s pricing strategy, says CFO

Teslarati

During Stellantis’ first quarter 2023 earnings call, the company was asked about the price cut bandwagon that has been initiated by American electric vehicle maker Tesla. “Your EVs, especially… 2008-e, they are also towards a €40,000 price range already. . ” the analyst asked. billion in the first quarter.

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